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The Week鈥檚 10 Biggest Funding Rounds: Ramp Ramps Up While AI And Healthcare Hold Strong

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This is a weekly feature that runs down the week鈥檚 top 10 announced funding rounds in the U.S. Check out last week鈥檚 biggest funding rounds here.

This was a big week for big checks, both confirmed and reported. Among confirmed rounds, the largest financing went to fintech provider , which landed $500 million at a $22.5 billion valuation to scale its visions around agentic AI. The next-largest financings went to , a developer of medicines for brain disorders, and , a healthcare AI startup.

As for giant deals that were reported but not officially closed, was said to be a round of up to $5 billion led by that would push its valuation all the way to $170 billion.

1. , $500M, fintech: New York-based Ramp, a provider of financial products and tools for businesses to automate finance tasks, raised $500 million at a $22.5 billion valuation. led the Series E financing, which brings total equity funding to date to $1.9 billion.

2. , $372.5M, biopharma and neuroscience: MapLight Therapeutics, a biopharma startup developing medicines for brain disorders, that it raised $372.5 million in Series D funding. and co-led the financing for the 7-year-old, Redwood City, California-based company.

3. , $243M, healthcare AI: Ambience Healthcare, an AI platform for healthcare systems to use in documentation, coding and clinical documentation, raised $243 million in a Series C round. and led the financing for the San Francisco-based company.

4. , $200M, fashion: Quince, an affordable luxury brand online retailer, raised $200 million at a valuation of more than $4.5 billion, according to a report from . reportedly led the San Francisco-based company鈥檚 latest financing.

5. , $156M, AI enterprise software: San Mateo, California-based Observe, a provider of AI-enabled observability tools for businesses, raised $156 million in a Series C funding round led by . The financing brings funding to date for the 8-year-old company to more than $460 million, .

6. (tied) , $150M, fleet management: San Francisco-based Motive, a provider of fleet tracking and driver safety software, raised $150 million in a new funding round led by . The 12-year-old company is also reportedly toward an IPO.

6. (tied) , $150M, AI software: Anaconda, a provider of AI tools for businesses using Python and open source applications, it raised over $150 million in a Series C funding round led by . The Austin, Texas-based company said it currently operates profitably with over $150 million in annual recurring revenue as of July.

8. , $132M, radiopharmaceuticals: Cambridge, Massachusetts-based Artbio, a clinical-stage radiopharmaceutical startup developing therapies (ARTs) to treat a range of cancers, raised $132 million in a Series B round that included and as lead investors.

9. , $125M, generative media: San Francisco-based Fal, a startup offering a generative image, video and audio platform for developers, raised $125 million in a Series C led by . The 4-year-old company said it has seen revenue increase 60x in the past 12 months.

10. ., $100M, cloud infrastructure: Oxide Computer Co., a developer of cloud infrastructure for on-premises computing, raised $100 million in a Series B round led by . Founded in 2019, the Emeryville, California-based company has raised over $260 million to date, .

Methodology

We tracked the largest announced rounds in the 附近上门 database that were raised by U.S.-based companies for the seven-day period of July 26-Aug. 1. Although most announced rounds are represented in the database, there could be a small time lag as some rounds are reported late in the week.

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